Stallion Owners' Awards

The plan will allow us to pay to the owner of a Thoroughbred stallion registered with the Florida Thoroughbred Breeders' and Owners' Association an award of 20 percent of the gross purse of a stakes race won by a registered Florida-Bred at a licensed Thoroughbred pari-mutuel track located in the State of Florida. Each single stallion owner award may not exceed $15,000. These awards shall be paid monthly.

Florida Owners' Award Program

In addition to breeders' and stallion owners' awards, Florida-breds registered with the FTBOA can earn FOA premiums over and above the net purse to the winner for their owners. Participating Florida
racetracks will annually distribute over $5 million in Florida Owners' Awards.

Florida Owners' Awards are paid out by the individual Florida tracks to the owner of a registered Florida-bred winner of certrain races up to $40,000 added. The payment of the FOA is based on a percentage of the gross purse and is financed through a portion of the takeout on the pari-mutuel handle.